The group exists since the formation of the "banc villageois" in April 2010. It consists of 15 woman living throughout the village. They are mostly shopkeepers selling groundnut oil, fish and vegetables in the little local market.

Fama is 52 years old, in the small photo overlay, and is responsible for the group. She is married and mother to six children.

Her business sells fish and vegetables in the village market. She also transforms groundnuts into local oil.

With her loan, she is going to buy groundnuts and vegetables that she will resell at the market.

With her profits whe will earn a living and ensure balance for her family by providing them with quality food.

Additional Information

About CAURIE Micro Finance

The mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.